$6.4B in Bitcoin options expiring Friday could make the next few days very interesting. 👀 The headline number is huge, but the real story is where the positioning sits. Around 81,700 BTC options are expiring, with calls currently outnumbering puts. The biggest call concentrations are around $75K and $80K, while max pain sits near $68K. But max pain isn't a price prediction. What matters more is the potential for gamma hedging around these key levels. With more than $500M in notional exposure within 5% of spot, Bitcoin could see sharper moves in either direction as market makers adjust their hedges. So I'm watching two things: → Can $BTC hold above $80K? → Or does expiry trigger a move back toward the $75K area? One thing is clear: Friday could bring volatility, but the options expiry itself doesn't decide the direction. Do you think BTC holds $80K after expiry, or do we see a deeper pullback? 👀 $BTC